Altcoin Developer Giant Company Raised $20 Million For New Metaverse Project!

Hong Kong-based blockchain game developer Animoca Brands has reported that it has raised $20 million in investment for its new metaverse project.

Animoca Brands announced the metaverse project Mocaverse in the press release published on its official website on September 11. advance one of the leading web3 investors in the financing round in which he participated on behalf of 20 million dollars announced its investment. company for investment issuance of common shares realized

The investment firm of the funding round CMCC Global and is managed by Kingsway Capital, Liberty City Ventures, GameFi Ventures It was stated that investment companies such as participated in the project. Sky Mavis founder Aleksander Larsen, developer of Axie Infinity (AXS), Gabby Dizon, founder of Yield Guild Games (YGG) And Animoca Brands co-founder Yat Siu It was also among the information given that he participated in the tour.

To elevate Mocaverse’s products in gaming, culture and entertainment Web3 specific tools It was stated that he offered Thanks to the possibilities of the project, users digital identity that they can create, reputation and loyalty points It was stated that they can earn and spend and use their digital identities to access Animoca Brands ecosystems.

NFT collection that will serve as a digital identity for the company’s close owners in this context Moca ID he said he will put it on the market. your collection 8,888 units It consists of parts and its owners can earn loyalty points was among the information provided.

Animoca Brands co-founder Yat Siu made the following statements on the subject:

The continuing evolution of the Internet includes the shift from hierarchical power structures to autonomous structures, and Mocaverse’s Dao (decentralized autonomous organization)-based approach allows the community to focus on fostering collaboration and innovation within the Animoca Brands ecosystem.

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